OCTOBER 31,2019

Comments on PE dollar this week: some prices continue to fall

2019-10-31 16:19

This week, prices of some sources of goods in the PE US dollar market continued to decline, foreign investors continued to reduce the main offer to China, and some low-priced ocean low-pressure sources outflow. The domestic market is still slightly weak in trading, some terminals are purchased at low prices, and the shipment in the trade circulation link is not smooth. In terms of price, the main linear quotation range of the market is US $830-850 / T, that of a supplier in India is US $830-840 / T, that of a foreign supplier in Saudi Arabia is US $840-860 / T, that of some Southeast Asian tax-free goods is US $890-900 / T, and that of some Australian tariff preferential goods is US $850-860 / T. In the aspect of wire drawing, the main quotation range of the market is 860-910 US dollars / ton, the main price of India's November package is about 860 US dollars / ton, and the main quotation of duty-free wire drawing is 910-920 US dollars / ton. In terms of injection molding, the main quoted price in the market is about 840-860 US dollars / ton, and some low-end injection molding prices in Canada are 820 US dollars / ton. In terms of hollowness, some traders in the market offered in November at 860 US dollars / ton for Saudi Arabia and 840-850 US dollars / ton for India, with limited overall changes. In terms of low-pressure film, the price difference between the high and low market is obvious. The price of low-pressure film installed by domestic trade enterprises to the mainstream of Saudi Arabia in October November is 860-880 US dollars / ton, that of tax-free low-pressure film is 910 US dollars / ton, that of some low-pressure film markets in the United States is 820 US dollars / ton, and that of some foreign direct sales in Saudi Arabia is about 830 US dollars / ton. On the high-pressure side, the main offers of domestic trade enterprises are 870-900 US dollars / ton, with limited changes compared with last week.

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